4955 Cordova Bay Road, Cordova Bay Saanich
Price
$2,000,000
Bedrooms3 Beds
Bathrooms3 Baths
Size5208 sqft
Year Built1950
Property TypeDetached Home
Property Taxes$9,882.6
Description
Imagine oceanfront living in beautiful Cordova Bay! This unique property boasts 3 charming, 2 bed, self-contained suites. Nestled on a private stretch of beach, enjoy tranquility and direct access to the sand and sea. Well taken care of with a new roof in 2023, each suite exudes its own distinct character. There's the Eagle - at the top with the most impressive views. In the middle is The Snug, full of charm with exposed beams, a spacious living area with bonus loft and huge deck. Finally, there's Crashing Waves - wake up to the sounds of the ocean & walk on to the beach in seconds. All have breathtaking panoramic views of majestic Mount Baker. Unlock incredible potential: live comfortably in one suite while generating income by offering the other two as Airbnb rentals or rent all three? A perfect multigenerational home or perhaps multiple families purchase together? This is a rare opportunity to own a piece of paradise on a prime oceanfront location in a sought-after neighbourhood. (id:39198)
Listed By
The listing brokerage and/or agent is Rennie & Associates Realty Ltd.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$8,009 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,600,000
Total Interest Payments
$986,498
Total Payment (Principal + Interest)
$2,586,498
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.